TUIK: Turkey's steel import value up 23.1 percent in January-February

Tuesday, 31 March 2020 14:47:24 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in February this year the value of Turkey's iron and steel imports increased by 29.4 percent year on year, totaling $1.2 billion. In the given month, iron and steel ranked in fifth place among the most imported products of the country in terms of value. In the first two months, the value of Turkey's iron and steel imports totaled $2.57 billion, rising by 23.1 percent compared to the same period of the previous year.

In February, the value of the country's imports of articles of iron or steel, which ranked 14th among the products with the highest import value, was up by 18.4 percent year on year, amounting to $256.11 million. In the first two months of the year, the value of Turkey’s imports of articles of iron or steel increased by 9.4 percent year on year to $439.33 million.


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